National News

May 22, 2018

7:25AM

NITI Aayog vice-chairman Rajiv Kumar today exuded confidence that Indian economy will achieve 9 per cent growth rate on sustained basis by 2022 on the back of reforms like GST, demonetisation and the Insolvency and Bankruptcy Code (IBC).

Kumar in facebook live organised by NITI Aayog said Indian economy grew by 6.6 per cent in 2017-18 and expected to grow at 7.5 per cent this fiscal.

Replying to a question on popularising electric vehicles, he said that this is best time for India to encourage, promote electric vehicles as petrol price is now touching USD 80 per barrel. Answering questions on farm sector,Kumar said, government doing pilot projects which can demonstrate that farmers income can be doubled.